I have a IRS lien filed against my Real Estate. How long do I have before the property is placed for auction?

Thursday, 25. March 2010

A lien was recently [July, 2007] placed by the IRS against a piece of Real Estate in New York that is owned by an Estate that I am the Executor of.

How long do I have from the time the lien was placed by the IRS to the time that the IRS forces the property for sale or auction? If the property is forced for sale or auction by the IRS is there some type of redemption period that I have?

The Estate does not want me to sell the Real Estate.
The estate will be able to pay the IRS what it owes within three months. Do I have that much time before the property is placed to auction or sale?

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Does becoming a licensed real estate agent/broker before buying your home save you money?

Friday, 5. March 2010

I am planning to buy a home around $700K in New York City. I’m wondering if I will save any money by becoming a licensed real estate agent/broker (I realize I have to take the test and pass) and then purchasing the home for myself. I would think that by doing this, I would save the broker commission that I would otherwise be paying another real estate agent/broker. Is this a valid assumption? Please provide any information about this. Thanks a lot.

Posted in Real Estate Answers by - 4 Comments